The Pakistan Stock Exchange (PSX) continued in the green on Thursday, with the benchmark KSE-100 Index gaining 288 points to close at 39,875 points.

The index opened lower, falling to 39,237 points mid-session, before fertilisers led the recovery to help the index peak at 39,916 points before settling slightly lower.

Trading remained dull, with only 108.9 million shares worth Rs4.8 billion traded. Of the 317 traded scrips, 173 advanced, 127 declined and 17 remained unchanged.

"Market opened gap down as index heavy exploration and production companies took the brunt of selling following the decline in global crude prices as demand concerns rises due to US-China trade war," Elixir Securities said. "Later on, fertilisers led the recovery on reported local buying."

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...